Oklahoma’s new crypto law protects miners, sets blockchain legal framework
Oklahoma Governor Kevin Stitt enacted a law on May 13 that creates a legal framework for blockchain and safeguards miners’ activities.
Oklahoma Governor Kevin Stitt has signed into law a bill that establishes a legal framework for blockchain technology and digital assets.
The new legislation prohibits Oklahoma’s government from imposing restrictions on the use of digital assets for legal purchases or self-custody. It also determines that digital assets used as payment cannot be subject to any additional taxes or charges over other methods.
The bill — introduced in January by state Rep. Brian Hill — legitimizes home digital asset mining in residential zones under local noise ordinances. In addition, businesses mining digital assets in industrial zones are allowed to operate without specific noise limits other than those already in place.
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Author: Ana Paula Pereira
